Last updated: July 02, 2025
Dubai: Ellington Properties has become the latest Dubai developer to offer one of its properties for digital tokenization, where investors can commit funds starting from Dh2,000. Damac received significant investor response for its first real estate tokenization.
One residential unit at ‘Kensington Waters’ in Mohammed Bin Rashid City is being offered to investors interested in fractional ownership through secure, blockchain-based digital tokenization. (Kensington Waters was recently handed over.)
What this does – and the Dubai Land Department this year opened up the investment option – is for investors to buy up part of a property or building rather than in the whole project.
“With investment entry points starting from Dh2,000, tokenized shares of the unit at the Kensington Waters offer broader, more inclusive access to Dubai’s thriving property market,” said a statement.
Joseph Thomas, co-founder of Ellington Properties, said: “We believe real estate tokenization is a major leap forward in reshaping how people interact with and invest in property.”
The Dubai property and investment market is expecting more developers to push through units into the tokenization space. And then wait for investors to make gains from the rise in property values – and by extension, for their tokens in their projects.
